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Evergrande Negotiating 11th-Hour Restructuring Deal to Avoid Liquidation

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wsj.com/articles/evergrande-negotiating-11th-hour-restructuring-deal-to-avoid-liquidation-b03329b0

Chinese property giant Evergrande and its biggest foreign creditors are negotiating an 11th-hour deal to prevent a liquidation of the company’s offshore businesses on Monday, according to people familiar with the matter.
Evergrande and a group of its bondholders have been negotiating to restructure the financially troubled company after Chinese regulators vetoed a previous…

This story from wsj.com was posted on 2023-12-03 by @coralca.

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